Entrepreneur
Name
Mercy
Member since
April 2014
On-time repayments
181 installments • 9%
About Me
My name is mercy talam.I come from a family of 10.I am the second born.I come from a christian familyI live in eldoret ,cheplasgei..I went to a local primary school in eldoret called kipkabus downs after which i joined drys girls secondary school.I asses welll and was admitted to maseno university.
I must say that i come from a family that is not well off.My father is a peasant farmer while my mother is a house wife.Back in campus,my parents were not in a position to pay my school fees so i had to look for a part time job to cater for my fees,accomodation and upkeep,i had a part time job and i saved after which i opened up a a boutique and m pesa.I always travel to nairobi to purchase maasai sandals for my boutique and also to get some mitumba clothes.I trave to uganda to buy kitengee and new clothes for my bussiness.My Bussines is two years old now and has realy grown.
I have had several financial challenges since i would like to expand my bussiness.
I would like to borrow the zidisha loan to increase the stock and move my bussiness to the next level.
With my bussiness i am able to pay school fees for my two siblings,pay rent and upkeep and also have some savings after all the expenses have been deducted.
My Business
I must say ythat i am greatfull for the two loans that i have been awarded by zidisha in the past.I was able to pay them efficiently and on time and also my bussiness has grown tremendously.My bussiness is m pesa and a boutique .It is situated in maseno university nyawita centre
The bussiness has existed for two years .Most of my customers are students who buy new trends of clothes.
On my m pesa i make a profit of USD 100 in a month after deducting expenses.
On the side of the boutique i make an average profit of USD 50 every month after deducting travel expenses and all the other expenses .I have always had an ambition to increase my stock and the float in my m pesa toin order to take my bussiness to the next level.I want to increase my stock and become a supplier of kitenge in kisumu town and i believe through zidisha it can take me there.
I am really greatfull for the loan awarded earlier which i was able to pay successfully.I strongly believe that if given the loan i can be able to increase my stock and the float of my m pesa.
I am now requesting my third loan which i want to purchase a new m pesa line and put some float on it so that it can start operating in two weeks time when students resume from holiday.I have already paid rent for the premise and branded as per safaricom regulations
Loan Proposal
I must say y\that i am greatfull for the two loans that i have been awarded by zidisha in the past.I was able to pay them efficiently and on time and also my bussiness has grown tremendously.My bussiness is m pesa and a boutique .It is situated in maseno university nyawita centre.
I am requesting a loan of 52400 kenya shillings.This will help me buy a new m pesa line worh 5000 and then put starting float of 50000 kenya shillings.Zidisha has put me to a different level in bussiness.I am thankfull a million times.
The bussiness has existed for two years .Most of my customers are students who buy new trends of clothes.
On my m pesa i make a profit of USD 100 in a month after deducting expenses.
On the side of the boutique i make an average profit of USD 50 every month after deducting travel expenses and all the other expenses .I have always had an ambition to increase my stock and the float in my m pesa toin order to take my bussiness to the next level.I want to increase my stock and become a supplier of kitenge in kisumu town and i believe through zidisha it can take me there.
I am really greatfull for the loan awarded earlier which i was able to pay successfully.I strongly believe that if given the loan i can be able to increase my stock and the float of my m pesa.
I am now requesting my third loan which i want to purchase a new m pesa line and put some float on it so that it can start operating in two weeks time when students resume from holiday.I have already paid rent for the premise and branded as per safaricom regulations.
I will be greafull if warded the loan.Thank you
Feedback
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Negative
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Loan Info
Project Type
Classic Loan
Disbursed amount
$608.00
Date disbursed
Aug 11, 2014
Repayment status
Late
Projected term
40 months
Other loans
Lenders
Hong Kong, Hong Kong
Raleigh, United States
Bremen, Germany
Germany
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